The Factors Affect the Success of Cross-border M&A by MNEs in Emerging Markets

碩士 === 國立暨南國際大學 === 國際企業學系 === 102 === In recent years, due to the wave of globalization and the rise of emerging economies, more and more enterprise are in progress of cross-border merger and acquisition (M&A). The number of deal cross-border M&A by emerging markets is also increasing. But...

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Bibliographic Details
Main Authors: Pei-Hsin Chien, 簡培欣
Other Authors: Yin-Lin Tsai
Format: Others
Language:zh-TW
Published: 2014
Online Access:http://ndltd.ncl.edu.tw/handle/80495887786111718543
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Summary:碩士 === 國立暨南國際大學 === 國際企業學系 === 102 === In recent years, due to the wave of globalization and the rise of emerging economies, more and more enterprise are in progress of cross-border merger and acquisition (M&A). The number of deal cross-border M&A by emerging markets is also increasing. But the successful M&A are considerable rare. Therefore, the factors affect the success of cross-border M&A are very important. This study uses empirical research to examine the key factors for the success of M&A including cultural distance, industrial relevance, speed of execution acquisitions and M&A experience. By using logistic regression model analysis, the empirical results found that individualism, industry relevance, speed of execution M&A and M&A experience will affect the success of cross-border M&A. These results are available for managers and investors who induct cross-border M&A in emerging markets.